Hallmark Channel's parent company on Thursday said it was parting ways with actress Lori Loughlin.The move follows the star's arrest Wednesday as part of allegations she and more than 30 other parents paid bribes to get their children into college."We are no longer working with Lori Loughlin," Hallmark Cards Inc., parent company of Crown Media Family Networks, said in a statement. The company operates Hallmark Channel, Hallmark Movies & Mysteries and Hallmark Drama.Loughlin stars in the Hallmark Channel's popular "When Calls the Heart" drama, which also stars Erin Krakow and Jack Wagner, the former "General Hospital" and "The Bold and the Beautiful" actor."We are saddened by the recent allegations surrounding the college admissions process," Hallmark's statement read.Hallmark Channel removed "When Calls the Heart" from its schedule for Sunday. It's unknown what the channel will do with the remaining seven episodes in the current season.Late Thursday night, Hallmark Channel tweeted that it had no plans to cancel the popular show.The series began airing in 2014. A spinoff series called "When Hope Calls" is expected to debut on the company's Hallmark Movies Now streaming service, but does not star Loughlin.Loughlin, best known as Aunt Becky on "Full House" and the "Fuller House" reboot, has also starred in some of Hallmark Channel's popular Countdown to Christmas movies, including "Homegrown Christmas" and "Northpole: Open for Christmas."She also has starred in Hallmark Movies & Mysteries' "Garage Sale Mystery" series.Loughlin and her husband, fasion designer Mossimo Giannulli, are charged with conspiracy to commit mail fraud and honest services mail fraud.Authorities allege that the couple paid bribes in the amount of $500,000 in exchange for their daughters' gaining admission to the University of Southern California as recruits of the school's crew team, even though they did not participate in crew, CNN reports, citing court documents.Makeup company Sephora said Thursday it was parting ways with the couple's daughter, Olivia Jade Giannulli, 19. The teen has amassed a following of more than 1 million subscribers on YouTube."After careful review of recent developments, we have made the decision to end the Sephora Collection partnership with Olivia Jade, effective immediately," the company said in a statement.Loughlin and her husband were arrested and later released after posting $1 million secured bond.

Hallmark Channel's parent company on Thursday said it was parting ways with actress Lori Loughlin.

The move follows the star's arrest Wednesday as part of allegations she and more than 30 other parents paid bribes to get their children into college.

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"We are no longer working with Lori Loughlin," Hallmark Cards Inc., parent company of Crown Media Family Networks, said in a statement. The company operates Hallmark Channel, Hallmark Movies & Mysteries and Hallmark Drama.

Loughlin stars in the Hallmark Channel's popular "When Calls the Heart" drama, which also stars Erin Krakow and Jack Wagner, the former "General Hospital" and "The Bold and the Beautiful" actor.

"We are saddened by the recent allegations surrounding the college admissions process," Hallmark's statement read.

Hallmark Channel removed "When Calls the Heart" from its schedule for Sunday. It's unknown what the channel will do with the remaining seven episodes in the current season.

Late Thursday night, Hallmark Channel tweeted that it had no plans to cancel the popular show.

#Hearties, we assure you that Hallmark Channel has no plans to cancel When Calls the Heart. Hope Valley has many more stories left to share and we will let you know the details soon. pic.twitter.com/z1m6iS2PSP

The series began airing in 2014. A spinoff series called "When Hope Calls" is expected to debut on the company's Hallmark Movies Now streaming service, but does not star Loughlin.

Loughlin, best known as Aunt Becky on "Full House" and the "Fuller House" reboot, has also starred in some of Hallmark Channel's popular Countdown to Christmas movies, including "Homegrown Christmas" and "Northpole: Open for Christmas."

She also has starred in Hallmark Movies & Mysteries' "Garage Sale Mystery" series.

Authorities allege that the couple paid bribes in the amount of $500,000 in exchange for their daughters' gaining admission to the University of Southern California as recruits of the school's crew team, even though they did not participate in crew, CNN reports, citing court documents.

Makeup company Sephora said Thursday it was parting ways with the couple's daughter, Olivia Jade Giannulli, 19. The teen has amassed a following of more than 1 million subscribers on YouTube.

"After careful review of recent developments, we have made the decision to end the Sephora Collection partnership with Olivia Jade, effective immediately," the company said in a statement.

Loughlin and her husband were arrested and later released after posting $1 million secured bond.